LITX is trading at $41.65, with a -5.41% change, as optical communications stocks weakened broadly in the October 7 session. - Lumentum also weakened, weighing on the AI-optics theme; the ETF’s 2× daily exposure can amplify pressure from underlying holdings. - U.S. futures are lower, while bond-market stress and persistent oil-price concerns are weighing on technology shares. - Weekly jobless claims are listed as the main U.S. data release later on October 8.